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New Horizon Aircraft Ltd

HOVR Technical Analysis Summary (NASDAQ)

Analyze HOVR on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HOVR●NASDAQ
IndustrialsAerospace & Defense
$1.61
$0.04(2.42%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HOVR Technical Analysis Summary (NASDAQ)

New Horizon Aircraft Ltd (NASDAQ: HOVR) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.43)
Trend Strength:Moderate (ADX: 20.17)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.53 – $1.94 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd on the NASDAQ is awaiting a decisive move. Overall, New Horizon Aircraft Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.94

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.63

Strongly Bearish
Sharp downside momentum.

Takeaway:New Horizon Aircraft Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.17

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -98.89

Bearish
Bearish, momentum remains under pressure.

Takeaway:New Horizon Aircraft Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.94
Middle Band (SMA 20)
$1.74
Lower Band
$1.53
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.90
Middle Line (EMA 20)
$1.72
Lower Channel
$1.53
Squeeze Status
No Squeeze

Takeaway:New Horizon Aircraft Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.79M
Money Flow Index27.00Bearish, selling pressure outweighs inflows.
Relative Vigor Index37.26Bearish, price momentum favors sellers.

Overall Takeaway:HOVR shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of New Horizon Aircraft Ltd (NASDAQ: HOVR), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:New Horizon Aircraft Ltd shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: HOVR) Technical Analysis FAQ